As I am fast approaching the financial goals I set up for myself years ago, when I first decided to embark on my financial path to wealth, my thoughts have started turning towards the ability to leave a financial legacy for my heir(s). As a parent there is nothing I wish more than to […]

In medicine, in order for a patient to know truly what choices they are making before undergoing a procedure, the physician explains the risks, benefits, and alternative options before getting an “informed consent.” The purpose behind this is to educate the patient to the point where they should be capable of making a sound […]

I know there was more than one occasion when the amount of debt I had seemed overwhelming, to the point where I felt financially paralyzed. [Although the highest official recorded debt I had was in 2009 topping in at almost $800k, I am pretty sure I was even worse off financially before my record […]

“The difference between men and boys is the price of their toys.” ~ Doris Rowland In most households, the automobile is typically the second most expensive item purchased (with the purchase of a home taking the obvious top spot). Although it is just a contraption to technically get us from point A to point […]

This is nothing earth-shattering but I believe, when given the choice, most individuals would jump at the opportunity for financial freedom. No one wants to be shackled to debt. No one wants to be on the wrong side of the lender-borrower equation. Financial freedom is just that, the freedom to live a life of […]

Real estate investing is something that I have started tilting my portfolio towards as I find it a great way to generate positive cash flow and take advantage of tax breaks. Most physicians have very limited experience with real estate (apart from buying and selling my homes my prior knowledge classified me as a […]

Growing up, chess was one of the board games I absolutely loved. What appealed to me most about this game was that it truly required you to think several moves ahead. A seemingly innocuous move made by your opponent could in actuality initiate a trap that only gets sprung several moves later when […]

There is a popular saying in the financial community, “One House, One Spouse, One Job.” It essentially constitutes one of the “golden rules” of finance and is advice often given to those seeking financial independence. Breaking one or more components of this tenet implies that you may find yourself in a financial pit with little […]

For those unfamiliar with the show “Deal Or No Deal” it is essentially a game show hosted by Howie Mandel where the contestant chooses 1 out of 26 briefcases that contain various amounts of money from $0.01 to $1M. Every round requires the contestant to open a given number of remaining cases. At the […]

For those not familiar with Dollywood (not to be confused with Bollywood the hub of Indian cinema), it is a fairly large amusement park tucked in the the hills near beautiful Gatlinburg, Tennessee, created by the famous country singer, Dolly Parton. I happened to visit Dollywood a couple of times in 2018 and […]